By : Nora Chisnell
April 27, 2016 08:50 AM
Entrepreneurs are visionaries who work hard to build their dream business. They are too busy running their
business to waste time using multiple banking services. With the number of small businesses in the United States
exploding, it’s a great opportunity for community banks and credit unions to serve this audience. NCR’s Business
Banking permits financial institutions to uniquely position themselves by offering them a single platform that
scales as the business grows.
Source: U.S. Small Business Association
Because most small businesses—and small financial institutions—operate on small margins, every opportunity for
savings and efficiency counts. The financial institutions that are poised to offer a simple, rich suite of options to
their small-business customers and members will be well equipped to help revolutionize the way small businesses
conduct all their financial affairs. Released in December 2015, four banks and credit unions already offer our
Business Banking solution to their business customers and 20 more are scheduled to go live this year. Features
for the business
control similar to retail, and business banking, on one platform
New features due for release in 2016 include adding international wire capabilities, enhancing the entitlement
engine and adding copy permissions and a mobile app.
“Having different solutions for businesses of different sizes can be challenging and costly for a financial
institution. They have to juggle multiple vendors, different logins and user experiences. Our financial
institution customers can offer their small business and entrepreneurial customers one scalable, easy-to-use
solution that fits their diverse needs.” David Potterton, director of Digital Insight, an NCR company, Business
Learn more about how Business Banking helps entrepreneurs focus on what they do best by making managing
their finances one less thing to worry about.